Tag: UK Hotel industry
Numa enters UK market with London hotel acquisition
Berlin-based hospitality platform The Numa Group has entered the UK market with the acquisition of the former Bedford Corner Hotel in central London in...
LXi seals contract for £210m sale of 66 Travelodge hotels
LXi REIT has exchanged contracts unconditionally on the sale of 66 Travelodge branded hotels to the Travelodge group for £210 million. As announced on 22 November...
UK hotel transactions reach £2bn in 2023
In 2023, UK hotel transactions reached £2 billion, according to global property adviser Knight Frank. Notably, the sector saw its pinnacle in Q4, securing...
Archer Hotel Capital buys two hotels in London for £215m
Archer Hotel Capital has acquired the 210-key Hoxton Shoreditch and the 220-key Hoxton Holborn hotels in London from Norlake Hospitality for £215 million. The...
UK hotel market achieves robust growth despite challenging climate
The latest findings from Knight Frank's UK Hotel Trading Performance Review 2023, in partnership with HotStats, reveal a resilient UK hotel sector that has...
LXi REIT to sell £210m Travelodge hotel portfolio
LXI REIT, a real estate investment trust incorporated in England and Wales, has responded to recent press speculation regarding the potential sale of 66 Travelodge hotels. The company...
Dalata snaps up London hotel for £53.4m
Ireland-based hotel operator Dalata Hotel Group has agreed to acquire the long leasehold interest of the Apex Hotel London Wall for £53.4 million (€62.2...
UK hotel transaction volumes reach £3bn in 2022
UK hotel transaction volumes reached £3 billion in 2022, with the total annual investment volume c.30% below the five-year average, according to the global...
Aareal Bank refinances UK hotel portfolio for Tristan’s fund
Aareal Bank has completed a £239.9 million senior loan to refinance the acquisition of a hotel portfolio in UK for a fund advised by...
Israeli hotel group buys historic hotel in London
Israeli hotel company Fattal Group, the owner of Leonardo Hotels UK & Ireland, has acquired the historic Dilly Hotel in London, England. Opened in 1908,...
